Gold Prices Slip Ahead of Anticipated Economic Data - February 13, 2024 2:04

Gold prices experienced a slight dip on Monday, due to a cocktail of bearish factors, notably a slightly firmer U.S. dollar index. The relationship between gold and the dollar is historically inverse; as the dollar strengthens, gold, priced in dollars, becomes more expensive for holders of other currencies, potentially dampening demand. This unanticipated slip in […]

Gold Steady As US Dollar Index Tries to Make Gains - July 30, 2023 13:12

Similar to other commodities, gold prices usually escalate when the US dollar weakens. Hence, during periods when the dollar is losing value, the likelihood of an increase in gold prices is notably high. Unfortunately, although the US Dollar index has retraced from its recent high, it has still made around 10% gains since late 2022. […]

Surge In Gold Prices Back to 2022 Highs - March 24, 2023 6:33

The recent move by the U.S. Federal Reserve to raise rates by 25 basis points suggests that it may have reached the peak of its rate hike cycle, thereby causing a surge in the price of gold around the globe. This is partly because it makes the precious metal a more attractive investment option for […]

Gold Pops Past $2000 But Settles For Less - March 12, 2022 13:38

Spot gold price earlier this week was close to $2075/ounce, but after traders booked their profits, this saw the yellow metal drop below $2000 after it reached this new high. Inflation is hitting highest levels for decades and the outlook is bleak for the short term. Experts in commodity markets believe that the sharp rise […]

Inflation Worries Prevail As Gold Prices Look Higher - August 1, 2021 14:10

With June CPI data increasing at an unprecedented rate since 2008, inflation concerns are growing due to loose monetary policy and unorthodox stimulus. This has not yet translated into the gold price, which has not reached $1,900 per ounce since late last year. Data from the USA last week suggest Gold could be on the […]

Gold Prices, Yield Curves and Rate Cuts - August 28, 2019 13:49

It’s been a strong year for Gold. Prices have surged during the second quarter (and into the third) with rate cuts, China trade war and the so called inverted yield curve being the catalysts for a flight of money into Gold. After breaking out of the early year range at the very end of May, […]

Gold Price Hitting New 6 Year High But Will It Continue? - June 26, 2019 11:29

Gold prices have been on a fantastic run higher for the last 4 weeks after a breakout of the early 2019 range. The breakout came with the speculation that the Federal Reserve may begin to lower interest rates after a period of hikes. Whilst no rate cut has yet been implemented there are many commentators […]

Gold Prices – Have We Hit The Resistance? - January 15, 2019 11:23

The strength of Gold prices has remained high over the last 10 days since reaching the resistance at just under $1300. If you look left on a daily chart, you can see this was the area that clearly broke down in June 2018. Gold is fighting against higher prices here, a true battle of bulls […]

Stock Markets Wobble and Completely Fall Down - October 11, 2018 10:30

European shares continue to fall hard. The trigger began as the US markets were hit hard during yesterdays trading session, as investors were seriously concerned about a possible trade war and US bond yields. Asian stocks joined in the trend as they plummeted to an 19 month low overnight. Share price valuations have been extremely […]